This Morning

U.S. President Donald Trump said on Monday he believed China was seeking a trade deal after he said Beijing contacted U.S. officials overnight to say it wanted a return to talks.” In New York, NYMEX crude oil futures were trading as high as $55 per barrel this morning while COMEX copper futures edged up to around $2.54 per pound after having traded as low as $2.5235/lb. late last week. Stocks were mostly lower in Asian trading this morning although markets were faring better in European trading. In foreign exchange trading, the euro slipped to $1.111 and the British pound was down to around $1.224, while the dollar was buying 105.85 Japanese yen in early trading.